BACK ON THE MARKET! Red Rooster Helensvale, High turnover driv-thru location
BACK ON THE MARKET! Red Rooster Helensvale, High turnover driv-thru location
Industry :
Food/HospitalitySub Industry :
RestaurantPLEASE READ FULLY AND UNDERSTAND BEFORE EXPRESSING AN INTEREST!
Ideally suited to CASH buyer with a good understanding of QSR ownership!
Franchisor seeks a new franchisee dedicated to grow this thriving business! (NOT suited to investors seeking a passive sideline income)
Red Rooster has become Australia's largest roast chicken operator, with some 370+ outlets across the nation.
The first Red Rooster restaurant opened in 1972 in Kelmscott, Western Australia.
Their product range includes whole roasts, half roasts, wraps, burgers, fish related products, salads, beverages and desserts.
On offer is the Red Rooster Helensvale franchise.
SPECIFIC FEATURES INCLUDE:
Current Lease expires July 2031. There will be NO options.
Size is 204m2 + Drive Thru + Alfresco seating + Car parking
Rent excluding G.S.T. is $14,580 per month and includes outgoings
CPI Annual increases
No rental bond
Established recently in 1992
Owned by Current Owner since 2025 (very little financial information available)
Refurbishment is expected to cost in the vicinity of $87,000.
Training - $12,500 + GST (Included in the asking price)
8 - 12 weeks (8 courses per year)
Franchise agreement current until July 2031 (Included in the price)
Franchisors Admin and Legal costs $5,000 + GST (Included in the asking price)
Annual Turnover is the vicinity of $1,800,000 (FY2025).
(Approx. break-up - Drive Thru 60% / Takeaway 18% / Dine In 3% / 3rd Party Delivery 19%)
Trading Hours are:
Daily 9.00am 9.00pm
Option to trade longer
SAV approximately $14,000
Staffing -1 full time + 2 part-time + 20 casuals (varies)
Staff wages - Approx. $9,500 per week - under management
Return to an Owner Operator is in the vicinity of $147,000 EBIDTA (FY2025) - subject to control of costs in line with Red Rooster benchmarks
A working couple or family will realize great returns for their efforts
$155,000 price Includes:
Current remaining franchise agreement
Training - $12,500 + GST
Franchisor administration and legal costs - $5,000 + GST
Buyer will be responsible for the refurbishment with expected cost in the $87,000 vicinity.
Reason for sale - Franchisor seeks new franchise partner
For more information, please contact:
Reg Butler / Glenn Robertson
0438 189 657 / 0408 449 747
reg.b@businessbrokersnetwork.com.au
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email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
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$155,000 + SAV
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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